WHAT WE’LL ASK

Albany Extra - - Retirees' Voice -

Al­though you may not have thought much about it, what does the ‘ideal’ re­tire­ment look like for you?

If you haven’t stopped work, at what age do you plan to or rea­son­ably ex­pect to re­tire? The cur­rent male life ex­pectancy at birth is 80.4 years and for fe­males it is 84.5. Real­is­ti­cally, what do you think about your own life ex­pectancy rel­a­tive to these fig­ures?

If you were given $50,000 to­day, would you spend it now if you knew you would run out of sav­ings at age 80?

How well do you feel you un­der­stand what an an­nu­ity can of­fer you in re­tire­ment?

In to­day’s dol­lars, how much in­come do you think you will need per an­num post tax to main­tain your de­sired life­style in re­tire­ment? Do you know how much the Govern­ment Age Pen­sion is per fort­night?

Do you per­son­ally con­trib­ute to your su­per fund?

What would give you more con­fi­dence about your re­tire­ment prepa­ra­tion apart from just hav­ing more money?

Please spec­ify what you have en­joyed most in re­tire­ment.

Gen­er­ally speak­ing, to what ex­tent should chil­dren be re­spon­si­ble for car­ing for their par­ents in old age?

Do you and/or your part­ner cur­rently have a will?

Do you in­tend to set up a self-man­aged fund? Have you ever re­ceived fi­nan­cial ad­vice from a fi­nan­cial plan­ner?

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